Financial Manager

Empact Group; KwaZulu-Natal; On-site; ZAR 900,000 - 1,300,000; Full time

Job summary

Empact Group is seeking a Financial Manager to partner with the Hygiene and Cleaning General Managers and support Finance leadership. The role focuses on budgeting, forecasting, financial modelling, and decision support to drive profitability and liquidity across operations and functions.

You will lead monthly reporting, ensure contract profitability, and collaborate to mitigate risks while upholding regulatory and internal control standards.

Qualifications

• Bachelor's degree in finance, accounting, or related field.
• Master's degree or professional certification (CA, CIMA, ACCA) is an advantage.
• Minimum of 6 years of experience in financial management.
• Proficiency in financial software and ERP systems (SAP and MS Office).
• Strong people management and communication skills with non-financial staff.
• Knowledge of risk management and business management principles.

Responsibilities

• Month-end financial review and alignment of revenue and costs.
• Review performance with General Managers of Operations and Finance.
• Provide accurate financial reporting and monthly summaries.
• Implement cost control measures to improve profitability.
• Develop and manage financial plans, forecasts, and budgeting processes.
• Lead annual budgeting across departments.

Skills

People management

Financial analysis

Communication

Education

Bachelor's degree in finance/Accounting

Master's degree or professional certification (CA/CIMA/ACCA)

Tools

SAP

MS Office

Job description

We are seeking a Financial Manager to join our team. This role is critical for ensuring the financial success and sustainability of the company in a competitive market, assistingthe General Manager for Finance in providing finance support to the Operations and Functional Heads. The role holder is expected to become an invaluable partner to the Hygiene and Cleaning General Managers and will be their contact for all matters concerning financial performance and analysis; continuously seeking opportunities for improvements to increase the efficiency and effectiveness of the operations.

The incumbent will provide commercial decision support for Operations and Functions across the business including providing accurate financial information to guide senior executives in their decision making on an operational level, with responsibility for budgeting, forecasting, business planning and financial modelling. They will be expected to develop a Teamwork culture that fosters application competence, service excellence, customer focus and business process knowledge focuses on strategic financial planning, reporting, and analysis, positioning you to drive important business decisions and operations. You will play a key role in ensuring the integrity of financial information while collaborating across departments to support organisational goals.

Key Responsibilities

• Month end financial review to ensure that revenue and costs are aligned for the month of reporting.
• Review performance with the General Managers of Operations and Finance prior to and after closing off.
• Providing the region with all the accurate reporting required to help them manage their areas including monthly summaries of actual performance by the 6th working day.
• Implement cost control measures to enhance profitability without compromising service quality.
• Analysis of sector contracts and/or regional profitability with clear indications of once off vs recurring additional expenditure vs costed and establishing turnaround plans (PA report). Aid in finding issues with costings
• Develop and manage financial plans and forecasts to support the company's strategic goals.
• Lead the annual budgeting process, including preparing, reviewing, and finalizing budgets across all departments under sphere of responsibility.
• Support capital planning / resource allocation via inputs into the AIC approval model (Capex)
• Prepare periodic forecasting (Monthly, identify shortfalls to budget, and recommend corrective actions
• Engage with GM operations to put together a plan to mitigate the gap to budget - report on the achievement of these plans monthly.
• Ensure Active Contracts for the regions are ALL billed. Where there are discrepancies - resolve
• Manage the company's cash flow to ensure adequate liquidity for operations and investments
• Ensure that the average debtors days targets are met monthly.
• Have active involvement in the resolution of overdue debt to maintain 60 days plus below target.
• Partner with divisions to ensure debt exposure is kept to a minimum within the region

Requirements

• Bachelor's degree in finance, Accounting, or related field; a master's degree or professional certification (CA, CIMA, ACCA) is an advantage.
• Minimum of 6 years of experience in financial management, preferably within the cleaning, hygiene, or related industries.
• Proficiency in financial software and ERP systems (SAP and MS Office)
• Sound knowledge of people management with the ability to form close working relationships and communicate effectively with both financial and non-financial staff.
• Sound knowledge of risk management and business management principles
• Sound knowledge of Basic Financial principles (incl Cost analysis, Business Case reviews and Investment analysis). Popi Act compliance is vital.
• Sound knowledge of Health and Safety policies and processes
• Sound knowledge of Contract management and Credit Management
• Sound knowledge of data analytical methodologies with ability to reconcile complex accounts
• Ability to work under pressure and manage multiple priorities.